Stordata Agrees to Bring Duonyx into Group

Elyan Partners Acquires Majority Stake in Stordata

March 26, 2024

IT Services

Funds advised by Elyan Partners (Edmond de Rothschild Private Equity) have acquired a majority stake in Stordata, a Versailles-based IT services and data management specialist. The acquisition was financed via a bespoke debt package arranged by H.I.G. WhiteHorse Europe with participation from Caisse d'Epargne et de Prévoyance Hauts de France to support Stordata's expansion and a buy-and-build strategy focused on cloud and cybersecurity.

Stord Acquires Cove Logistics

June 12, 2020

Logistics & Distribution

Stord, an Atlanta-based digital warehousing and distribution network, acquired transportation partner Cove Logistics to add freight capabilities and broaden its end-to-end supply chain offering. The deal brings roughly 15 Cove employees into Stord and integrates full truckload, LTL, intermodal and other freight services into Stord’s distribution network and software platform to better serve enterprise and retail customers.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.

Stord Acquires Shipwire From CEVA Logistics

January 1, 2026

Logistics & Distribution

Stord has closed its acquisition of Shipwire, a CEVA Logistics subsidiary, in a deal that adds 12 fulfillment locations, expands Stord's presence in the EU and U.K., and brings Shipwire's technology and AI-enabled capabilities into Stord's ecosystem. The transaction (closed Jan. 1) is intended to deepen Stord's software capabilities, accelerate AI initiatives, and strengthen access to CEVA's global logistics network; financial terms were not disclosed.

Partner One Acquires Stromasys

March 30, 2023

Software

Partner One, an enterprise software consolidator based in Riverside, California, completed the acquisition of Stromasys SA, a Geneva‑based provider of legacy-system emulation software (Charon). Stromasys will operate as an independent company within Partner One’s portfolio, with Partner One providing resources to accelerate growth, expand reach, and continue product innovation.

Phoenix Equity Partners Acquires Majority Stake in Dufrain

July 18, 2022

Data & Analytics

Phoenix Equity Partners has acquired a majority stake in Dufrain, a UK-based data management, business intelligence and analytics provider, backing CEO Joseph George and the senior management team. The investment will support Dufrain’s expansion of services, technology offering and geographic reach as the firm scales its operations across the UK and into new markets.